Bank of America to pay nearly $17B in mortgage pact
Deal is largest federal settlement stemming from lending boom that led to epic housing crash
Alain Sherter is a senior managing editor with CBS News. Based in New York City, he leads a team of reporters and editors with CBS MoneyWatch, which covers issues including business, financial and economic news. Previously, he covered the technology, health care and other industries as a news reporter and editor for media companies including Thomson Financial, Dow Jones and The Deal.
Deal is largest federal settlement stemming from lending boom that led to epic housing crash
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